SciSparc Ltd. ( (SPRC) ) has issued an announcement.
On March 27, 2025, SciSparc Ltd. entered into a third addendum to its merger agreement with AutoMax Motors Ltd., initially announced in April 2024. The addendum extends the deadline for the merger completion to September 30, 2025, and revises the exchange ratio definition. This move indicates continued commitment to the merger, potentially impacting the company’s strategic positioning and offering stakeholders more time to evaluate the transaction.
More about SciSparc Ltd.
SciSparc Ltd. operates in the biotechnology industry, focusing on the development of cannabinoid-based therapies. The company is based in Tel Aviv, Israel, and is involved in creating treatments for central nervous system disorders.
YTD Price Performance: -25.64%
Average Trading Volume: 6,258,078
Technical Sentiment Signal: Buy
Current Market Cap: $3.34M
For an in-depth examination of SPRC stock, go to TipRanks’ Stock Analysis page.